I’ve recently been bombarded by recruiters reach out about Schwab roles. Came over here and seeing heavy activity on lay-off website. lol What’s the deal?

So glad I get another dose of this toxic culture and get to collaborate with my coworkers who will waste at least two hours of my time talking about the Super Bowl tomorrow instead of working from my home office in peace

Interesting to see how it is being deliberately manipulated wonder who that is

Horrible senior management they use people over work them and pay is very low for the industry. From my experience Top management only manages up. Useless make work form over function meetings and projects so middle managers can show their... — read more 

If you’re graduating from college and think that you will have a great career and finance, if you join this firm, you’re completely mistaken you will become part of the meat grinder. They will work you put your new cube 90% of the time honor your... — read more 

I was on the call when Walt announced RTO. One of the things he said was that people who were working from home were less productive and “That we have the data right here!” But then failed to present any of that data. Well come to find out that data... — read more 

2012: Political Contributions • Charles R. Schwab donated nearly $9 million to Americans for Job Security, a group opposing President Barack Obama in the 2012 election.  2017: Support for Republican National Committee • Schwab donated the... — read more 

This company is so ridiculous. Claiming to be a bank while teaming up with the Con-man in Chief. Taking stupid risks since the regulators won’t look at any more. 94% of donations to Re-pugs. Refusing to invest in people or technology to improve our... — read more 

Citi is bucking the RTO trend and sticking to 3 days a week in the... — read more 

Peace out Walt We are so glad to see you go! You robbed the company for hundreds of millions for average stock performance, lost the trust of the workforce, and left the company in a bad position figuring out what to do with the bank. Don’t let the... — read more 

I know it's just another grift in the Trump scam-o-verse, but TruthFi is unconstitutional. Presidents must not benefit financially from their office, whether the money rolls in from overseas or not. Schwab is playing a key role as custodian in... — read more 

Heard rumors ERGs focused on diversity, equity, and inclusion are being shut down. Now that Schwab has cozied up to Trump, I am concerned employee resource groups focused on women, lgbtq, immigrants, etc are going to be shut down. Any rumors?

I was laid off in Oct 2023 and have not received my 2024 W2 yet. Does anyone know the status of them for those of us who can’t log into the system anymore to retrieve it? My address hasn’t changed. I’ll call HR if needed I suppose… — read more 

Any insights into the bonus this year ?!

Does anyone know whether promotions are happening in 2025? I remember hearing in the latest town hall something about "the conditions need to be right" for promotions to happen but wasn't sure if I heard right.

Look, I know this is where people come to complain and plenty of people wish for the old WFH but I'm impressed with Schwab's (and Rick's) commitment to the current system for 2025. It's provided flexibility to so many employees I know and I think... — read more 

I work on the phones in CS&S and make less than a Costco clerk and I had to get a series 7. When is Schwab going to raise its pay for its frontline employees? How can we talk about though the client’s eyes when Schwab can’t even pay a living wage... — read more 

I’m sad to say this, but unless you are of Indian descent, your days in a technology role are numbered. I see it happening everywhere. People leave, and a certain type of person takes their place. It’s happening before our very eyes whether anyone... — read more 

Our fearless leader, Rick, is following in Walt's footsteps by refusing to accept anonymous questions as part of the Corporate Update. What is he afraid of?

How do I apply for internal job? Do I have to let my current manager know that I'm looking for positions or that happens after my new team offers the position? Also, what can I expect during internal interviews, are they similar or less difficult... — read more 

Anyone have any idea where they are looking to open more buildings and branches up?

https://riabiz.com/a/2025/1/23/schwab-shares-spike-but-its-new-ceo-mostly-plays-defense-after-analysts-ask-why-its-ria-clients-hit-net-new-asset-growth-norms-and-schwab-retail-is-stuck-at-35-growth

My Manager has the whole team on a call and is bullying us to give 4's and 5's in Glint Survey. WTF !

Does anyone who work with offshore support teams (India) have issues with them waiting for someone from the US to resolve overnight issues? Why are they even around if someone from the US will fix the issue anyway. This is also concerning as it seems... — read more 

If looking towards brilliant basics, this may be a place to start. This does not make it easier for the rest of STS to provide service to Schwab business units. This dept generates more work, spreadsheets, emails and reports. Something is terribly... — read more 

Why do service-based companies have individuals with non-technical or non-computer-related majors on H-1B and L-1 visas, considering that H-1B is intended for technical roles? How are they eligible for such visas?

Applying for the third time for medical accommodation. Last two times it was just the same letter from my doctor that I uploaded. Now it’s a super specific form, that seems overly invasive to me… and I’m not thrilled about the doctor having to send... — read more 

Don't hold back in the comments section. Please feel free to tell a good joke. I need a good laugh.

Layoffs happened today unannounced. Not sure if regime change of financial struggles

Are the phone reps the only ones that actually had to RTO? How come other departments have completely empty floors even on in office days? Seems we been sold a bill of lies

What is the reason (if any) that leadership cannot alternate WFH days by building to help alleviate traffic and commute time? Doesn’t have to be a massive reduction either, even 1-2 less days in office per month split across campus would go a long... — read more 

Is 50 plus discrimination real?

Can't wait for 5 day in person at Schwab.

Jesus Christ, work from home and stop taking out the entire work force. Managers should shame people into going home. I don’t know what kind of culture it is where you expect to be praised for coming to working and coughing your phlegm on everyone... — read more 

I’ve seen a couple of comments on this page about the Austin office closing in 2026 & was wondering if anyone could provide any more info? Of course, this site is all rumors but often there’s some truth behind the rumors, so curious if anyone has... — read more 

Or have encountered any of the other tactics Schwab leadership uses to avoid paying severance when letting someone go? Ironic for a company whose motto is "trust is everything...earned over time, lost in an instant" to try to cheat employees out of... — read more 

With all the layoff talks, is the Chicago office safe? Been there a few years and thought about asking to transfer to Texas.

We are so glad to see you go! You robbed the company for hundreds of millions for average stock performance, lost the trust of the workforce, and left the company in a bad position figuring out what to do with the bank. Don’t let the door hit you on... — read more